Bitcoin Rallies in the midst of macroeconomic concerns: are the next Hype, Ondo, Lond and Kas?

Bitcoin (BTC) made a brilliant return this week, increasing more than 7%, indicating a solid purchase at lower levels. The co -founder of Bitmex, Arthur Hayes, said in an X publication that the US bond market crisis could be preparing the stage to obtain more politics response, and that could result in a “unique way” for Bitcoin.

Blockchain and the Glassnode intelligence platform said in an X post that Bitcoin had created a solid support of $ 79,000, with approximately 40,000 bitcoin accumulated there. The creator of Bollinger Bands John Bollinger also echoed similar opinions. In an X post, Bollinger said Bitcoin was forming a “classic Bollinger W Bottom” band, but needed confirmation.

Market participants will closely observe the performance of the US dollar index (DXY), which is quoted below the level of 100. Any additional weakness in the US dollar could be optimistic for Bitcoin.

If Bitcoin manages to hold on to the highest levels, the feeling in the cryptocurrency sector is likely to increase. That could trigger a recovery in selected Altcoins. What are cryptocurrencies that can benefit from Bitcoin’s force?

Bitcoin pricing analysis

Bitcoin broke and closed above the resistance line on April 12, which is the first indication that the corrective phase may be finishing.

It is unlikely that the bears give up easily and will try to withdraw the price below the exponential mobile average of 20 days ($ 82,885). If they manage to do that, it suggests that bears remain active at higher levels. The BTC/USDT par could fall to $ 78,500.

Buyers are likely to have other plans. They will try to defend the EMA of 20 days on the way down. If the price recovers from the 20 -day EMA, it will indicate a change in the feeling of the sale of demonstrations until buying in DIPs. That improves the prospects of a rally at $ 89,000 and, after that, at $ 95,000.

The 20-EM is leaning, and the relative force index (RSI) is in the positive territory, indicating an advantage for bulls. A 20-EA rebound suggests that bulls are trying to turn the resistance line in support. The couple can face the sale of $ 89,000, but it is likely to cross. That could boost the pair to the area from $ 92,000 to $ 95,000.

On the negative side, mobile averages are the crucial support for the bulls to defend themselves. If they fail in their effort, the couple could fall to $ 78,500.

Hyperlichid prices analysis

Hyperlichid (hype) closed above the 50 -day SMA ($ 15.14) on April 11 and reached the resistance to $ 17.35 on April 12.

The 20 -day EMA ($ 13.84) has begun to appear, and the RSI has increased by about 56, which suggests that buyers have the advantage. Sellers are trying to defend the resistance of $ 17.35, but if the bulls prevail, the torque of exaggerated pumps/USDT could start a demonstration at $ 21 and subsequently to $ 25.

This optimistic view will be denied in the short term if the price is reduced from $ 17.35 and is broken below the 20 -day EMA. The couple could fall to $ 12, which is expected to attract buyers.

The couple has retired to 20-EA, which is a short-term critical support to take into account. If the price bounces in the 20th 20th, indicates the purchase in the falls. The Bulls will make one more attempt to overcome the barrier at $ 17.35. If they succeed, the couple can rise to $ 21. There is a lower resistance to $ 18, but it is likely to cross.

Sellers will have to withdraw and maintain the price below the 20-EM to weaken the bullish impulse. The couple could descend to 50-SMA.

ONDO PRICE ANALYSIS

Ondo (Ondo) has left the bold trend line, suggesting that bears can be losing their grip.

The recovery faces the sale of about $ 0.96, but can find support in the 20 -day EMA ($ 0.83) on the way down. If the price bounces in the 20 -day EMA, the Bulls will try again to drive the Ondo/USDT above $ 0.96. If they manage to do that, the couple could increase the impulse and meet towards $ 1.20.

Sellers are likely to have other plans. They will try to withdraw the price below the EMA of 20 days. If they can achieve it, the pair could fall at $ 0.79 and later at $ 0.68.

The 4 -hour table shows that the pair is facing the sale in the resistance zone from $ 0.93 to $ 0.96. Buyers will have to keep the price above 20-EA to maintain the advantage. If the price bounces in the 20th 20th, the possibility of a break above $ 0.96 increases. The couple can rise to $ 1.05 and later to $ 1.20.

On the other hand, if the price skates below the 20-EM, it suggests that the demand dries at higher levels. The couple can descend to 50-SMA.

Related: Bitcoin Price Tags $ 86k When Trump Sariff Relief increases the probabilities of rupture

Representation price analysis

Render (LND) has reached the upper resistance of $ 4.22, where the bears are expected to monitor a strong defense.

Mobile averages are on the verge of a bullish crossing, and the RSI has risen to the positive zone, indicating an advantage for buyers. If the price increases above $ 4.22, the USDT will complete a double bottom pattern. There is a lower resistance to $ 5, but it is likely to cross. The couple could get into the target of the pattern of $ 5.94.

Contrary to this assumption, if the price is abruptly reduced from $ 4.22 and breaks below mobile averages, it indicates a short -term scope action.

The couple faces the sale of $ 4.06, but it is likely that the setback finds support in 20-EA. If the price bounces in the 20th strength, it will suggest that the feeling remains positive. That improves the prospects for a break above $ 4.22. The pair can face resistance between $ 4.60 and $ 5, but if the price does not fall below $ 4.22, the beginning of a new UP movement indicates.

Alternatively, a break and closing below 20-EA suggests that bulls are losing their grip. The pair can fall at 50-SMA, indicating a consolidation in the short term.

Kaspa Price Analysis

Kaspa (Kas) rose and closed above the 50 -day SMA ($ 0.07) on April 12, indicating that the sales pressure is being reduced.

The 20 -day EMA ($ 0.07) has begun to appear, and the RSI has risen to the positive territory, which suggests that the road of lower resistance is upward. If buyers drive the price above $ 0.08, the Kas/USDT pair will complete a double bottom pattern. This upward configuration has an objective objective of $ 0.12.

On the contrary, if the price is reduced from $ 0.08 and breaks below the 20 -day EMA, it will indicate a range formation. The pair can balance between $ 0.08 and $ 0.05 for some time.

The pair has rejected $ 0.08, but it is likely to find support in the 20th. If the price bounces in the 20th, the torque could meet to the upper part of the range, which is a crucial resistance to take into account. If buyers exceed the upper barrier, the couple could start a new income of UPMEs towards $ 0.09.

This positive view will be invalidated in the short term if the price is reduced and breaks below the $ 0.07 support. That could keep the couple stuck inside the range for a while.

This article does not contain advice or investment recommendations. Each investment and trade movement implies risk, and readers must carry out their own investigation by making a decision.